Monday, December 12, 2011

Nifty futures trading tips for dec 13 2011

Nifty futures trading tips for dec 13 2011 ; The Indian markets fell sharply for a third consecutive session on Monday after government data showed the nation's industrial production shrank 5.1 percent year-on-year in October, well below expectations for a 0.7 percent drop and the first decline in more than two years. Industrial output growth was 11.3 percent in the corresponding period last year and 1.9 percent a month ago.

The benchmark 30-share went into freefall to end down 343 points or 2.12 percent at 15,870, while the 50-share Nifty index tumbled 102 points or 2.1 percent to 4,765. The broader BSE mid-cap and small-cap indexes ended down 1.9 percent and 1.5 percent respectively.

Technical Levels For Nifty For Tomorrow dec 13 2011


Resistance : 4830 : 4900.
Support : 4700 : 4640.
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